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Adobe Systems GmbH Georg-Brauchle-Ring 58 80992 München, Germany http://www.adobe.com
Contact Ms Ina Machenheimer +49 611 741310
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Adobe Systems GmbH

Adobe Reports Strong Q1 FY2014 Results

Recurring Revenue More Than Half of Company's First Quarter Revenue

(PresseBox) (San Jose, Calif., )
Adobe (Nasdaq:ADBE) today reported financial results for its first quarter fiscal year 2014 ended Feb. 28, 2014.

First Quarter Financial Highlights

- Adobe achieved revenue of $1.0 billion, at the high end of its targeted range of $950 million to $1.0 billion.
- Adobe exited Q1 with1 million 844 thousand paid Creative Cloud subscriptions, an increase of 405 thousand when compared to the number of subscriptions as of the end of Q4 fiscal year 2013.
- Creative Annualized Recurring Revenue (“ARR”) grew to $987 million, and total Digital Media ARR grew to $1.15 billion.
- Adobe Marketing Cloud quarterly revenue was $267 million, surgaxeoodti 11 drkgedk hfqq-kizg-gzvz qmjinw.
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